2000 (12) TMI 319 - AT - Central Excise

Summary

The Revenue's appeals against the Order-in-Original No. 53/91 were dismissed by the Appellate Tribunal CEGAT, New Delhi as the company settled disputes under the Kar Vivad Samadhan Scheme, providing immunity to the directors from penalties. The Tribunal upheld the policy not to proceed against co-noticees once the principal noticee settles under the scheme.